1. No, 2. Yes (someone took the other side of every trade) but I'm sure people who sold at a price lower than the current best bid would prefer a do-over, 3. what would "handling" it be? Everything appears to have operated as expected. The event was entirely predictable.
Conversation
Sometimes it pays to have capital tied up in an unlikely-to-be-filled bid... this was one of those times for me.
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Would be great to hear your take. Should we roll back your trades out of fairness?
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No, please don't roll it back!
I've had capital tied up on the sidelines just waiting for an opportunity like what happened today to occur; I figured there would be a sweep to flush out stops, so I placed a low bid at historic support level, and I'm happy with trade.
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In crypto, I've come to expect big volatility swings when price action is showing weakness... I've learned that it's the nature of this game. So I will take the chance that these things happen and use them to my advantage... and BTFD.
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I'm open to other solutions but it seems like the main thing is trader education. People at least pretend like they didn't understand this possibility.
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Responsibility for what? Honestly. Poor trader education courses?
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Exchanges don't control prices. Prices are up to market participants. You assume the other exchanges could have handled the same sell pressure but I haven't seen the analysis yet.
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